TikTok-owner ByteDance may rake in $27bn in ad revenue by year-end
The company is also reportedly in talks with investors to raise around $2bn in a new financing round that will value it at $180bn after the investment.
The company is also reportedly in talks with investors to raise around $2bn in a new financing round that will value it at $180bn after the investment.
The partnership kicked off with the region’s first virtual workshop for government departments on effectively creating and disseminating content on social media.
It comes as Trump is threatening to ban TikTok on the basis of national security concerns since early August.
Last week, Microsoft had announced that it was in talks to acquire TikTok’s business in the US.
In an exclusive interview with Vijaya Cherian, TikTok's Head of Video and Creative Rami Zeidan discusses how the app is attracting content creators, audiences and businesses to its platform in ...
Microsoft may invite other American investors to participate on a minority basis in the purchase.
It is reported to be the first time Netflix has praised a competitor in a letter to shareholders, which makes it quite significant.
TikTok's national and regional leaders will remain in their roles with their current responsibilities, reporting to Meyer, who will be responsible for the global business.
The latest milestone comes just five months after TikTok surpassed 1.5bn downloads.
The megastar posted his first TikTok video and pledged to bring more diversity to his content in 2020.